GAIL plans fertiliser unit in Chhattisgarh
GAIL India is exploring a significant venture with the Chhattisgarh government. The plan involves establishing a large gas-based urea manufacturing plant. This strategic location will leverage GAIL's existing natural gas pipeline. Detailed studies...
"GAIL will undertake detailed techno-economic studies for setting up a urea manufacturing plant of 12.7 lakh metric tonne (lmt), proposed to be strategically located along GAIL's Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline corridor," the nation's top gas marketer and transporter said in a statement. "Based on the techno-economic evaluation, investment decision will be taken for setting up the fertiliser project by GAIL."
The Chhattisgarh government will provide facilitation at all stages of the project, including support for feasibility studies, identification and allocation of suitable land parcels, coordination with state and central authorities, statutory approvals, and the enabling infrastructure required for project implementation, the company said.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.